Monday, December 15, 2025 | 06:39 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Wall St. drops more than 2 percent on slowdown fears

Image

Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks plunged on Thursday, with the S&P 500 down more than 2 percent, after slowing U.S. factory activity on the heels of a dire revenue warning from Apple fueled fears of a global economic slowdown.

Based on the latest available data, the Dow Jones Industrial Average <.DJI> fell 660.02 points, or 2.83 percent, to 22,686.22, the S&P 500 <.SPX> lost 57.19 points, or 2.28 percent, to 2,452.84 and the Nasdaq Composite <.IXIC> dropped 185.10 points, or 2.78 percent, to 6,480.84.

(Reporting by Stephen Culp; Editing by Dan Grebler)

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 04 2019 | 2:38 AM IST

Explore News